OCA Ventures’ Post

Buddy, a leading InsurTech shaping the future of embedded insurance, has announced its partnership with Stripe to introduce innovative e-commerce capabilities tailored for the insurance sector. With Buddy’s ION engine, insurance products can be rapidly indexed, making them readily available for transactions in online environments, including standalone and embedded e-commerce platforms. Leveraging Stripe’s global payments platform, carriers can embed insurance offerings within hours, facilitate multi-party payments, and optimise checkout processes using a unified tech suite. Charles Merritt, CEO of Buddy, expressed his excitement at the news, remarking, “We are thrilled to develop with Stripe to build the future of insurance e-commerce. Our collaboration will improve access to insurance by lowering technical barriers to implementation, and we will provide a modern solution to the challenges of multi-party payments at points of sale.” https://lnkd.in/exAMtCa4 #Embeddedinsurance #Openinsurance #insurtech #partnership #digitalinsurance

Why is Insurtech remaining resilient as other fintech firms struggle? Until recently, focus of Insurtech was on the Distribution part of the B2C value chain helping insurance companies acquire large customer base through simplified process and better customer experience. Having tasted success and garnering the attention, Insurtechs are now venturing into complex B2B insurance domain offering solutions in areas of pricing, underwriting efficiency and claims adjudication accuracy and faster settlement. Investors are certainly aware of this trend, which is why they are committing more to such firms; especially those that are embracing the latest technologies to revolutionise insurers core operations. #Insurtech #Insurance #DigitalTransformation

In 2024, we’re entering a new wave of insurtechs, and it’s so exciting! The first wave focused on enhancing customer experience, upgrading digital channels, and so much more! There is a lot more room for improvement… enter 2024! Check out this interesting article we came across 🤝 https://lnkd.in/dYTa_PN2 Let the Bytesforce Corporation team know in the comments below 👇 what you think we can expect this year! #insurtech #insurance

“In my heart, I believe Insurance is a noble business. Using premium to fuel this vicious cycle just feels wrong.” —Steve Lekas, Co-Founder & CEO, Branch Insurance The follow up to my best-seller "The Future of Insurance: From Disruption to Evolution, Volume I. The Incumbents." The second volume features the first-hand journeys of 8 InsurTech startup insurers so we can learn and grow. The #1 new book in Insurance! Available from Amazon and at https://lnkd.in/eU4eEJFD #insurtech #insurance #futureofinsurance #book #innovation

“In my heart, I believe Insurance is a noble business. Using premium to fuel this vicious cycle just feels wrong.” —Steve Lekas, Co-Founder & CEO, Branch Insurance The follow up to my best-seller "The Future of Insurance: From Disruption to Evolution, Volume I. The Incumbents." The second volume features the first-hand journeys of 8 InsurTech startup insurers so we can learn and grow. The #1 new book in Insurance! Available from Amazon and at https://lnkd.in/eU4eEJFD #insurtech #insurance #futureofinsurance #book #innovation

“In my heart, I believe Insurance is a noble business. Using premium to fuel this vicious cycle just feels wrong.” —Steve Lekas, Co-Founder & CEO, Branch Insurance The follow up to my best-seller "The Future of Insurance: From Disruption to Evolution, Volume I. The Incumbents." The second volume features the first-hand journeys of 8 InsurTech startup insurers so we can learn and grow. The #1 new book in Insurance! Available from Amazon and at https://lnkd.in/eU4eEJFD #insurtech #insurance #futureofinsurance #book #innovation

“In my heart, I believe Insurance is a noble business. Using premium to fuel this vicious cyclejust feels wrong.” —Steve Lekas, Co-Founder & CEO, Branch Insurance The follow up to my best-seller "The Future of Insurance: From Disruption to Evolution, Volume I. The Incumbents." The second volume features the first-hand journeys of 8 InsurTech startup insurers so we can learn and grow. The #1 new book in Insurance! Available from Amazon and at https://lnkd.in/eU4eEJFD #insurtech #insurance #futureofinsurance #book #innovation

“In my heart, I believe Insurance is a noble business. Using premium to fuel this vicious cycle just feels wrong.” —Steve Lekas, Co-Founder & CEO, Branch Insurance The follow up to my best-seller "The Future of Insurance: From Disruption to Evolution, Volume I. The Incumbents." The second volume features the first-hand journeys of 8 InsurTech startup insurers so we can learn and grow. The #1 new book in Insurance! Available from Amazon and at https://lnkd.in/eU4eEJFD #insurtech #insurance #futureofinsurance #book #innovation

“In my heart, I believe Insurance is a noble business. Using premium to fuel this vicious cycle just feels wrong.” —Steve Lekas, Co-Founder & CEO, Branch Insurance The follow up to my best-seller "The Future of Insurance: From Disruption to Evolution, Volume I. The Incumbents." The second volume features the first-hand journeys of 8 InsurTech startup insurers so we can learn and grow. The #1 new book in Insurance! Available from Amazon and at https://lnkd.in/eU4eEJFD #insurtech #insurance #futureofinsurance #book #innovation

“In my heart, I believe Insurance is a noble business. Using premium to fuel this vicious cycle just feels wrong.” —Steve Lekas, Co-Founder & CEO, Branch Insurance The follow up to my best-seller "The Future of Insurance: From Disruption to Evolution, Volume I. The Incumbents." The second volume features the first-hand journeys of 8 InsurTech startup insurers so we can learn and grow. The #1 new book in Insurance! Available from Amazon and at https://lnkd.in/eU4eEJFD #insurtech #insurance #futureofinsurance #book #innovation